PRE-MARKET AUSTRALIAN AND SOUTH KOREAN STOCK NEWS: Earnings from Woodside

Australia

ANZ (ANZ AT) – Co. announced it has reached an agreement to acquire Worldline’s (WLN FP) 51% stake of ANZ Worldline JV. (ANZ)

BHP (BHP AT), Rio Tinto (RIO AT) – Train driver’s trade union says the Cos cannot handle workers demanding better conditions under Labor’s industrial relations changes. (The Australian)

Macquarie Group (MQG AT) - Co. agreed to sell Louisiana-based utility Cleco Power to private equity buyers including Stonepeak Partners for up to USD 8.3bln as it reshapes its global portfolio. (AFR)

oOh!Media Ltd (OML AT) - Co. received a non-binding indicative takeover offer of AUD 747mln from Pacific Equity Partners at a substantial premium. (AFR)

Woolworths Group (WOW AT) - Co. is accused in court documents of charging higher prices for period products while advertising them as discounted as a trial concludes. (The Australian)

Woodside Energy Group Ltd (WDS AT) - Co. Q1 (USD) operating revenue rose 7% Q/Q to 3.26bln, sales volumes fell 1% Q/Q to 51.7mln BOE, production fell 8% Q/Q to 45.2mln BOE, average realised price rose 11% Q/Q to 63/BOE, maintains annual guidance. (Dow Jones Newsplus)

South Korea

Amorepacific Corp. (090430 KS) - Co. Q1 (KRW) net fell 5% Y/Y to 113.0bln, operating profit rose 7.6% Y/Y to 126.7bln, rev. rose 6.4% Y/Y to 1.13tln. (Yonhap)

Amorepacific Group (002790 KS) - Co. Q1 (KRW) net fell 5.4% Y/Y to 132.5bln, operating profit rose 6.9% Y/Y to 137.8bln, rev. rose 5.0% Y/Y to 1.22tln. (Yonhap)

Doosan Bobcat Inc. (241560 KS) - Co. Q1 (KRW) net rose 15.9% Y/Y to 131.4bln, operating profit rose 3.5% Y/Y to 207.0bln, rev. rose 7.1% Y/Y to 2.24tln. (Yonhap)

Doosan Robotics Inc. (454910 KS) - Co. Q1 (KRW) net was -9.2bln, operating profit was -12.1bln, rev. rose 189.7% Y/Y to 15.3bln. (Yonhap)

Hanwha Solutions Corp. (009830 KS) - Co. Q1 (KRW) net was -38.2bln, operating profit rose 205.5% Y/Y to 92.6bln, rev. rose 25.4% Y/Y to 3.88tln. (Yonhap)

HD Hyundai Electric Co., Ltd. (267260 KS) - Co. Q1 (KRW) net rose 35.4% Y/Y to 207.7bln, operating profit rose 18.4% Y/Y to 258.3bln, rev. rose 2.1% Y/Y to 1.03tln. (Yonhap)

Hyundai Engineering & Construction Co., Ltd. (000720 KS) - Co. Q1 (KRW) net rose 24% Y/Y to 206.8bln. (Yonhap)

Kumho Tire Co., Inc. (073240 KS) - Co. Q1 (KRW) net rose 0.4% Y/Y to 103.4bln, operating profit rose 0.3% Y/Y to 147.0bln, rev. fell 3.2% Y/Y to 1.16tln. (Yonhap)

Lotte Fine Chemical Co., Ltd. (004000 KS) - Co. Q1 (KRW) net rose 57.4% Y/Y to 44.7bln, operating profit rose 74.0% Y/Y to 32.7bln, rev. rose 14.6% Y/Y to 510.7bln. (Yonhap)